If it's on the south side best bet will be getting it rehabbed mildly (new counter tops/sink, update bathroom, repaint the place, etc..

So much character and pizazz in that color combination - and if the "trend" fades in 5-10 years down the road, we can just repaint the cabinets.

Do you repaint them after tenants move out?

Don't go cheap on paint, you will make up in cost by repainting much more often.  

I currently plan to use all white appliances and the cheapest cabinets that Home Depot sells, if not just repainting the existing cabinets.Also going with basically the cheapest white fans and close to the cheapest light fixtures for both interior and exterior.

i did have to spend 2k to repainted windows as mandated to get a c of o inspection. 

Really need to know the extent of the damage you're concerned about to offer an opinion.Many landlords in these parts just patch the walls when they repaint, and don't mess with the foundation as it moves around.

You'll have drywall cracks, so you should factor in drywall repairs and repainting. $$$4.

At closing, the exterior of the building had been repainted, 3 of the 4 empty suites had been completely renovated, the roof has been repaired (by a new commercial roofing tenant who traded repairs for a month's free rent) and the building was now 100% occupied and cash flowing $5250/month.

This is a metal building withsome rust spots, in need of a repaint, falling fences, etc.